Defined Benefit (Pension) · DOL Form 5500 · 2022

Howmet Aerospace Inc. Pension Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
2,391
Participants Above avg headcount
91st
Percentile by assets National rank
$32,106
Avg per participant Low balance/head
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Official DOL plan name: Howmet Merged Pension Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$77M in assets, 2,391 participants

Howmet Aerospace Inc.'s Howmet Merged Pension Plan reported $77M in total assets and 2,391 participants in its 2022 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,857 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Howmet Merged Pension Plan covers 2,391 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $77M.

#17,857
in Manufacturing (20,602 peers)
-40.0%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $51M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Howmet Merged Pension Plan's outsized position by total assets

Howmet Merged Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$76,765,084 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Howmet Merged Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Howmet Merged Pension Plan lands in the large band (2,391 participants).

EBSA filing schedule strip

Filing strip 250317820 · Howmet Aerospace Inc. PY 2022 · Defined Benefit (Pension)

Howmet Merged Pension Plan · $77M · 2,391 · 91st

  • BOY $77M
  • BOY 2,391
  • BOY 91st
  • BOY Defined Benefit (Pension)
  • BOY near Baycoast Bank Pension Plan
  • BOY ind #17857

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Howmet Merged Pension Plan in the asset neighbourhood

N.E.C.a.-I.B.E.W. Local Union No. 35 Pension FundN.E.C.a.-I.B.E.W. Local Unio…$77MHowmet Merged Pension Plan$77MBaycoast Bank Pension Plan$77MForest Lawn Retirement Plan$77MPlumbers, Pipefitters & Apprentices Local 112 Pension PlanPlumbers, Pipefitters & Appr…$77M
End-of-year total assets ($M) among Howmet Merged Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$77M
Net Income-$51M
Employer EIN250317820
Plan Effective Date1995-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Howmet Aerospace Inc.)

Sponsor-wide plan assets over time

All Howmet Aerospace Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 14.449503516549342% vs 2022
2024 filing year
$2.2B$2.4B$2.6B$2.8B 202220232024 $2.37B $2.71B ▲ +14.3%
Year Plans Participants Total Assets
2022 4 15,839 $2.4B
2023 4 15,860 $2.5B
2024 4 17,052 $2.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Howmet Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Howmet Merged Pension Plan, Total assets ($B): 0.076765084 · Participants: 2391Howmet Merged Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Howmet Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Howmet Merged Pension Plan side-by-side with 3 peers →

Howmet Merged Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Baycoast Bank Pension Plan in MA ($77M); by covered participants it is Altria Retirement Plan in VA (2,395 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($77M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,391 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Howmet Merged Pension Plan assets move in 2022? ▼
Howmet Merged Pension Plan contracted severely - down 40.0% during 2022, from $128M to $77M. Reported net income was -$51M.
How have Howmet Aerospace Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Howmet Aerospace Inc.'s sponsor-wide assets grew 14.4%, from $2.4B to $2.7B.
Where does Howmet Merged Pension Plan rank by assets among Form 5500 filers? ▼
Howmet Merged Pension Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Howmet Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baycoast Bank Pension Plan in MA ($77M, 487 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Howmet Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Altria Retirement Plan in VA (2,395 participants, $6.5B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250317820.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.